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The proposed Real Estate Regulation Bill may be delayed. The ministry of housing and poverty alleviation, which was set to table the draft bill during the Monsoon session of Parliament, is yet to get the law ministry’s opinion on it. The draft Bill was sent to the law ministry for vetting nearly two months ago. [...]

Mumbai-based Acron Infra Projects is developing a large residential complex at Karvenagar in the heart of Pune, a three-hour drive from the metropolis of Mumbai.
“We are building a large, affordable residential complex with a total of 2,800 apartments spread over a 24-acre green campus in the heart of the city at Karvenagar,” Amar J Britto, [...]

After the success of its first residential project in Chennai – Mantri Synergy, Mantri Developers announced the launch of their new project named Mantri Navaratna. Located at Chromepet, Mantri Navaratna comprises nine aesthetically designed apartment towers planned in accordance to principles of contemporary architecture that endeavor to be a reflection of a modern lifestyle.
Speaking on [...]

Real estate prices in some localities of the national capital skyrocketed by 20 to 27 percent in the first quarter of the current fiscal as compared to the corresponding period of 2010-11, an industry report said Wednesday. “Property prices for Delhi have seen escalation if we compare per square feet prices of quarter (Q)1-11 over [...]

Property prices in India’s financial capital Mumbai have surged 40 percent in less than two years, even surpassing peaks reached in 2008. Homes in Mumbai’s prime locations, for example, can cost up to $2,000 a square feet. But warning signs have emerged to suggest that a correction might be around the corner. Real estate firm [...]